Thanks to many loopholes in our tax code–the carried interest loophole being the most important–the richest people in American are likely paying a lower tax rate than you are. From Businessweek: For the 400 U.S. taxpayers with the highest adjusted gross income, the effective federal income tax rate—what they actually pay—fell from almost 30 percent [...]

Simple Checklists. NASA uses them, pilots use them, and now there is even more compelling evidence that every surgeon should use them. This is the major takeaway from study published in the New England Journal of Medicine (from Businessweek): Between 2007 and 2009, six hospitals in the Netherlands implemented a series of 11 checklists that [...]